Office · Sunnyvale, California
Moffett Gateway
Public CMBS trusts hold $173.4M of the loan on Moffett Gateway at 3.319% that reaches maturity on April 1, 2027, in 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $173,435,868
- Original balance (same notes)
- $200,000,000
- Interest rate
- 3.319% fixed
- Originated
- September 22, 2016
- Maturity
- April 1, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- March 31, 2019
- Master servicer
- Wells Fargo Bank, National As
- Originator
- JPMCB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1225-1265 Crossman Avenue, Sunnyvale, CA 94089
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 612,691 sq ft
- Built
- 2016
- Largest tenants
- Google Inc
- Value at securitization
- $525.0M (Jul 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.04x | 2.42x |
| Occupancy | 100% | 98% |
| Net operating income (annualized from 6 months) | $28.9M | $69.8M |
| Debt yield | 40.3% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the JPMCC Commercial Mortgage Securities Trust 2017-JP6 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Matures within 12 months
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 141% above the underwritten figure ($69.8M a year against $28.9M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.04x at securitization to 2.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $173.4M | Current | No | 2.42x | 98% |
| August 2026 | $173.9M | Current | No | 2.38x | 98% |
| July 2026 | $174.4M | Current | No | 2.38x | 98% |
| June 2026 | $174.9M | Current | No | 2.38x | 98% |
| May 2026 | $175.4M | Current | No | 2.38x | 98% |
| April 2026 | $175.9M | Current | No | 2.36x | 98% |
| March 2026 | $176.3M | Current | No | 2.36x | 98% |
| February 2026 | $176.9M | Current | No | 2.39x | 98% |
| January 2026 | $177.4M | Current | No | 2.34x | 98% |
| December 2025 | $177.8M | Current | No | 2.34x | 98% |
| November 2025 | $178.3M | Current | No | 2.34x | 98% |
| October 2025 | $178.9M | 60-89 days delinquent | No | 2.34x | 98% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
The loan is split into 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2017-JP5 | 2 | $69,374,347 | Sep 2026 | SEC filing, September 28, 2026 |
| JPMCC Commercial Mortgage Securities Trust 2016-JP4 | 5 | $52,030,760 | Sep 2026 | SEC filing, September 28, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2017-C5 | 9 | $34,687,173 | Sep 2026 | SEC filing, September 28, 2026 |
| JPMCC Commercial Mortgage Securities Trust 2017-JP6 | 15 | $17,343,587 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Place Google | Sunnyvale, CA | Office | $171.3M | 4.55% | Jan 2027 | 1.40x | 100% | Current |
| Moffett Towers II - Building 2 | Sunnyvale, CA | Office | $153.1M | 3.619% | Dec 2027 | 2.76x | 100% | Current |
| Moffett Place Building 4 | Sunnyvale, CA | Office | $88.3M | 3.637% | Aug 2027 | 2.45x | 100% | Current |
| 675 Creekside Way | Campbell, CA | Office | $83.4M | 3.69% | Mar 2027 | 2.91x | 100% | Current |
| 2851 Junction | San Jose, CA | Office | $58.1M | 4.14% | May 2027 | 1.97x | 100% | Current |
| Sprouts Farmers Market | San Jose, CA | Retail | $50.5M | 3.97% | May 2027 | 2.82x | 100% | Current |
| Torre Plaza | Cupertino, CA | Office | $45.0M | 3.861% | Jun 2027 | 2.20x | 100% | Current |
| Stryker Corporation | San Jose, CA | Office | $37.2M | 4.16% | Oct 2027 | 2.53x | 100% | Current |
All loans maturing in 2027 · All San Jose-Sunnyvale-Santa Clara loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.